Will A Job Bring You Closer To Getting Credit Cards?

Being accepted to a job when you’re fresh out of college is one of the most fleeting experiences. By the time you receive your first pay-slip, you will already have made a list of the gadgets you want to buy. It can be the latest touch screen phone from Samsung featuring a high-resolution image capture, the best sounding MP3 player from Apple or Creative, the newest game console from Nintendo, the SLR camera that you always pass by on your way to work, or the best laptop printer that you’ve been wanting to give your parents.

A lot of things change when you receive your first pay, when you start earning for yourself. You have your own sense of freedom where you stop living off your parents. You start going to places where you’ve never been before – to that place where white water rafting is very famous, to Disneyland, to Kota Kinabalu for hiking, basically to anywhere you fancy. You start buying things you have always wanted. You start eating in places you have always wanted to eat. Not to mention hanging out in clubs.

Knowing that you can get everything you want, you decide to get a credit card. They give you a high credit limit since you’re employed. According to the credit card company, you’re financially capable of having all those expenses. You charge everything to your card. You don’t worry since you’re an employee now. You’re already receiving salary on a monthly basis. Without the need to bring any cash with you, everything is accessible to you with just the power of the plastic. Amazing isn’t it? You can get new clothes, new gadgets, and other cool stuff with just your credit card and buying all those things would feel really great. But like Spiderman said, “with great power comes great responsibility”, similarly, “with great spending power, comes great responsibility.”

You should be careful when spending especially when you’re using credit cards. Have you ever seen “Confessions from a shopaholic”? It tells about a young woman who had a lot of debts from using her credit cards and how she managed to work her way into eliminating the debt. The point of concern is that credit cards should be used with caution since the temptation to use them usually tends to backfire.

Only use it when it is needed – emergency, bills, or even groceries. Of course the occasional shopping can also be good for your self esteem but you shouldn’t overdo it. You won’t be smiling a lot when the bill arrives. You may want to have the best laptop printer or have the latest digital camera right away but it would be best to refrain from impulse buying. Do you really need to spend for it? Or do you just want to be famous for having the latest gadget.

It would be best to know your priorities. That way, you will be able to spend your hard earned money wisely. Remember that credit cards are created as tools for your convenience, although credit card companies may have a different opinion of the matter.